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In this video, I show a live recording of how to effectively read the tape and successfully make a trading decision based off the analysis.. Reading the tape involves watch the Level 2 + Time & Sales. By reading the tape, we will not get faked out by the market makers and we will be able to buy real strong breakouts/breakdowns.
We use the Level 2 with Time & Sales to see if the buyers and sellers are aggressive or not. We can see if there is a hidden buyer or a hidden seller in the market. If they spoof the market and/or their true intention.
Should I add a tape reading section to the course??
Keywords: thinkorswim, tape reading, tdamertitrade thinkorswim, trading, tapereading, how to read the tape, level 2, time and sales, stockmarket, stock market, options, optiontrading, option trading, carmine rosato, live trading, live day trading